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Attachments: Trade based on Market Cycle Indicator
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Trade based on Market Cycle Indicator

For the yello line, it is now considered above zero or under zero
so even if it is colored by yellow , it is still valid for the signal


ok

let's begin writing the code manully, i use my own blocks but i do not have any ea builder so it will take some tie

good night
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
Quoting Samer1970
For the yellow line, it is now considered above zero or under zero so even if it is colored by yellow , it is still valid for the signal ok let's begin writing the code manually, i use my own blocks but i do not have any ea builder so it will take some tie good night
Here is a piece of code that shows how you can read the values (of bar = 1) of my indicator,

Inserted Code
input int InpPeriod = 10;
 
#define MARKET_CYCLE_FLAT 0
#define MARKET_CYCLE_DOWN 1
#define MARKET_CYCLE_UP 2
 
double mc_up_1 = iCustom(Symbol(), 0, "MT7_MarketCycle_IN", InpPeriod, MARKET_CYCLE_UP,1);
double mc_down_1 = iCustom(Symbol(), 0, "MT7_MarketCycle_IN", InpPeriod, MARKET_CYCLE_DOWN,1);
double mc_flat_1 = iCustom(Symbol(), 0, "MT7_MarketCycle_IN", InpPeriod, MARKET_CYCLE_FLAT,1);
Trading is the hardest way to make easy money...
Quoting MathTrader7
{quote} Here is a piece of code that shows how you can read the values (of bar = 1) of my indicator, input int InpPeriod = 10; #define MARKET_CYCLE_FLAT 0 #define MARKET_CYCLE_DOWN 1 #define MARKET_CYCLE_UP 2 double mc_up_1 = iCustom(Symbol(), 0, "MT7_MarketCycle_IN", InpPeriod, MARKET_CYCLE_UP,1); double mc_down_1 = iCustom(Symbol(), 0, "MT7_MarketCycle_IN", InpPeriod, MARKET_CYCLE_DOWN,1); double mc_flat_1 = iCustom(Symbol(), 0, "MT7_MarketCycle_IN", InpPeriod, MARKET_CYCLE_FLAT,1);
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
If you like my post throw me a Doge: D9eyP5TFYGDaN1JpjyU4jaU9ypg2wUk8Zp
Mathtrader, how come the olive bars are always on top, Please explain.

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  • Post #46
  • Quote
  • Edited 11:59am Aug 17, 2016 11:42am | Edited 11:59am
Here are some of my entries (I will upload the indicator MT7_Breakout_IN to Post 1). Olive bars mean that the market is about to move, a pattern (such as a pin-bar) or a breakout in the market over turning areas of the Alligator indicator are profitable entries.
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Trading is the hardest way to make easy money...
thanks mt7 ..great work ... using the breakout tool in direction of the trend is excellent but i guess would be great if we adde an alert for the indicator and should have an option if we need alert only for buys only or sells only or both .... thanks keep it up
Hi MathTrader7,

for me MT7_Breakout_IN does not refresh. Issue on my side?
TWEE, revoke my membership.
Yes same here does not refresh
The same problem, doesn't refresh and also, please help me, why Market Cycle doesn't appear in my MT4? Last built
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Quoting MathTrader7
This trading strategy is based on the reversal pattern, known as Pin-Bar with regards to the Market Cycle indicator. The Market Cycle indicator tries to predict the future movement of the market based on statistical analysis. Time frame: M30,. The Market Cycle indicator works on any time frame, though. Buy signal conditions: Market Cycle indicator is above zero (with default settings it is a blue histogram bar) A bullish pin-bar is formed. A bullish pin-bar has a long lower wick and a small upper wick, and its body size is a few times smaller than...
Hi Mathtrader,
Thank you for creating this nice thread. As the indicator is given in compiled form (ex4), it is difficult to see the logic behind it. I just guess that it is also somehow based on ZigZag indicator, but i can be wrong though. May i know, what is the main difference between this indicator and the Cycle Indicator / Symphonie Extreme indicator ? Does this indicator repaint ?
Sorry for asking too much, i am a newbie ...
Quoting MathTrader7
This trading strategy is based on the reversal pattern, known as Pin-Bar with regards to the Market Cycle indicator. The Market Cycle indicator tries to predict the future movement of the market based on statistical analysis. Time frame: M30,. The Market Cycle indicator works on any time frame, though. Buy signal conditions: Market Cycle indicator is above zero (with default settings it is a blue histogram bar) A bullish pin-bar is formed. A bullish pin-bar has a long lower wick and a small upper wick, and its body size is a few times smaller than...
Hi MathTrader7, thank you for these indicators ... going to try it when the market open, unfortunately I bump into the same problem when putting both the indicators into strategy tester, they just won't run.

Hopefully its working fine on live trade. Cheers!
  • Post #53
  • Quote
  • Edited 9:49pm Oct 1, 2017 8:55pm | Edited 9:49pm
Quoting MathTrader7
{quote} Hi Pipologist, The arrows and crosses are not generated by the current version of the indicator. This is one of my trading strategies that I wanted to share with the community here. In the next versions I will implement arrow-and-cross signs with alerts and notifications. The pin-bars will be detected on Bar[1]. This is because while the current bar is not closed, the bar might end up as a bin-bar or not. So our decision should be based on Bar[1]. Best, Math
I was about to ask for notification and alert, it could come in handy. Is the latest version is released already?

Edit : On live trade I notice it repaints, I've switched between tf's and I notice that its either both indicators not updating or they both repaints, the breakout suddenly appear on the previous candle and the market cycle shows around 3-4 bars repaint.
Version 1.04 of the indicator released (I updated Post 1).
Trading is the hardest way to make easy money...
Quoting MathTrader7
Version 1.04 of the indicator released (I updated Post 1).
Hello

For some reason, it will not appear on the chart

regards

Kristjan
Quoting kristjantelve
{quote} Hello For some reason, it will not appear on the chart regards Kristjan
It may not work on M1 charts. Try it on, for example, a EURUSD, M30 chart.
Trading is the hardest way to make easy money...
Quoting MathTrader7
Version 1.02 of the indicator released. In this version the hypothesis for the market cycle change is displayed with Olive colored bars. I updated Post 1. {image}
Thank you for uploading the nice Indicator.
At present are you trading with the same system?
Quoting MathTrader7
Here are some of my entries (I will upload the indicator MT7_Breakout_IN to Post 1). Olive bars mean that the market is about to move, a pattern (such as a pin-bar) or a breakout in the market over turning areas of the Alligator indicator are profitable entries. {image}
hi,
is there any new version of the indicator?
thanks.
Hi Math Trader,
This version of MT7_MarketCycle_IN 1.04 Freezes some time it does not Auto refresh and paint its Histogram could you please fix it.
Version 1.05 of the indicator released (I updated Post 1). In this version I fixed some bugs in the code.
Trading is the hardest way to make easy money...
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